Last Update: 11/26 2024 15:10 JST

NIKKEI REAL ESTATE MARKET REPORT

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Sumitomo Corp REIT-funded SPC acquires warehouse in Kashiwa City
DEALS

Sumitomo Corp REIT-funded SPC acquires warehouse in Kashiwa City

GK Sosila Private Fund 2 will acquire a logistics facility in Kashiwa City, Chiba Prefecture. The GK is a special purpose company funded by listed Sosila Logistics REIT and private REIT SC Realty Private REIT, which are both managed by Sumisho Realty Management of Chuo-ku.

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Samty Residential REIT to acquire six properties for Y5.8bn
DEALS
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Samty Residential REIT to acquire six properties for Y5.8bn

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Chuo-Nittochi acquires Shimbashi hotel
DEALS

Chuo-Nittochi acquires Shimbashi hotel

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Apparel company Baycrew's acquires retail building behind Omotesando Avenue
DEALS

Apparel company Baycrew's acquires retail building behind Omotesando Avenue

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NTT Urban acquires rental building in Kanda
DEALS

NTT Urban acquires rental building in Kanda

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B-Lot subsidiary sells Kanda-Ogawamachi building
DEALS

B-Lot subsidiary sells Kanda-Ogawamachi building

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MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: NOVEMBER 2024

Area in Focus: Ginza

Bulk of Buildings Sold

Revitalizing stagnant hotel developments

In the Ginza area, a group of Marugen buildings in 6-chome to 8-chome, which had long been underutilized, were sold one after another, drawing attention to how they will be used in the future. As can be seen from the transaction of Abercrombie & Fitch Ginza Store, for an estimated price of over 40 billion yen [$260 million] along Chuo-dori Street, prices are rising. Due to the expansion of inbound tourism, hotel developments which had been stagnant until now have also started to be seen.

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DATA

Transaction Data

73 Transactions Data - Up to May, 2009

103 Transactions Data - Up to April, 2009

74 Transactions Data - Up to March, 2009

81 Transactions Data - Up to February, 2009

3360 Transactions Data - Up to January, 2009 ( CSV only )